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Tag: Credit history

Securing Business Loans With Poor Credit History: 4 Tips To Improve Credit History

Credit History

Securing business loans can be challenging for MSMEs with poor credit history. Credit scores are important for loan applications, and a low credit score can lead to higher interest rates, smaller loan amounts, or even rejection. However, there are ways …

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“Open is a technology platform – it is not a bank and does not hold or claim to hold a banking license. The business current accounts, VISA corporate cards, business loans and other similar banking services/financial services offered on the Open platform are provided by RBI-licensed banks and financial institutions. All funds in the Open powered business current account are insured as per limits prescribed under the RBI’s deposit insurance scheme. The banking services/financial services offered on the Open platform are powered by our partner banks/financial institutions and follows all security standards and legal requirements prescribed by the partner bank/financial institution, in accordance with extant RBI regulations.”

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